BoJo appeared on television this morning doing an impression of Jim Callaghan during the Sterling crisis of 1976. As the pound plunged to a new post 1985 low of $1.316 he said it was "stable". Stocks on the FTSE100, especially banks and housebuilders suffered huge falls.
Shares in RBS were briefly suspended following frenzied trading.
The word "stable" has been hijacked by Johnson and it's widely understood meaning altered to be defined as extremely volatile and completely unpredictable. The OED were unavailable for comment.
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